ANNOUNCER: THE COUNTDOWN IS ON. THIS IS "THE CLOSE." KATIE: TECH BACK IN THE DRIVER’S SEAT AS THE RIP-ROARING RALLY ROLLS ON. LIVE FROM STUDIO 2 AT BLOOMBERG HEADQUARTERS IN NEW YORK.I’M KATIE GREIFELD. LET’S KICK YOU OFF TO THE CLOSING BELL HERE IN THE U.S. THE CHECK ON WHERE MARKETS STAND RIGHT NOW. AND, BOY, THE S&P 500 HIGHER BY ABOUT .8%.WE’RE LOOKING AT ANOTHER RECORD HIGH. THE NASDAQ 100, A LOT OF THAT STRENGTH COMING THROUGH IN THE TECH SECTOR AS WELL. MATCHING THE RALLY THERE.THE NASDAQ 100 HIGHER ...

CHINA CLEARLY FEELS THAT IT HAS INCREASED LEVERAGE OR AT LEAST HAS CHOSEN TO MAKE THIS SUMMIT TO TAKE THIS MOMENT AND REALLY PRESS ITS CASE ON TAIWAN BECAUSE THE CHINESE PERHAPS SEE THE US COMING INTO THIS IN A WEAKER STATE THAN THEY WERE EVEN SIX MONTHS AGO. HEY, EVERYBODY. WELCOME TO HERE'S THE SCOOP FROM NBC NEWS.I'M YASMIN VASOIN. SO TODAY ON THE SHOW, THE FIRST FULL DAY OF THE US CHINA SUMMIT JUST WRAPPED. AMID THE PAGEANTRY AND THE POLITICS, WHAT WAS ACTUALLY ACCOMPLISHED WHEN PRESIDENT TRUMP AND PRES ...

now pump the price of ground beef https://t.co/BWO5KJCXwOThe Kobeissi Letter (@KobeissiLetter):BREAKING: The average price of ground beef in the US is now up to a record $6.90 per pound.On a non-seasonally adjusted basis, ground beef prices have exceeded $7.00 per pound for the first time in history.Prices have surged +77% since January 2020, when they stood at $3.89 https://t.co/gQgYHFKaCo ...

>>> HI THERE. GOOD THURSDAY MORNING. THAT CRITICAL MEETING IN CHINA NOW UNDER WAY. >> PRESIDENTS TRUMP AND XI FACE TO FACE. IT IS MAY 14th. THIS IS "TODAY. " PAGEANTRY AND POLITICS. ♪ A LAVISH WELCOME IN THE HEART OF BEIJING FOR PRESIDENT TRUMP TO BEGIN HIS HIGH-STAKES SUMMIT WITH CHINA'S PRESIDENT. >> YOU'RE A GREAT LEADER. SOMETIMES PEOPLE DON'T LIKE ME SAYING IT, BUT I SAY IT ANYWAY. >> THE TWO MEETING OVERNIGHT DISCUSSING TENSIONS OVER TRADE, THE WAR WITH IRAN, AND TAIWAN. ALSO, HOW TO IMPROVE RELATIONS ...

Ladies and gentlemen, I got very bad news for you. Month overmonth, US PPI inflation, it rose 1.5% in April. That is no good.It is hot, hot, hot out there. This is the biggest monthly jump in inflation since March of 2022, according to Adam Kobes. Now, Zero Hedge points out that a lot of this inflation is coming from imports.The US is importing inflation. The US import price index is now higher than the CPI metric. The last time that happened, the Fed hiked interest rates up over 5%.Now, treasurybonds. com ...

All right, now let's welcome in the former Dallas Fed president and Jeffrey senior adviser, Richard Fischer. It's it's good to have you back and I think it's just perfect that you're following what Steve and I have just talked about uh if you're the professor here. What grade would you give Chair Pal given the enormity of what he had to deal with.>> Well, I'm very fond of the chairman. I think he's done a good job. I'd give him an A.Uh but I'd give him an A particularly for what Steve is going to talk about ...

Argentina’s inflation slowed for the first time in 11 months in a victory for President Javier Milei after prices had jumped on the Iran war-related oil shock in March https://t.co/36USZnzJIj ...

RT Santiment Intelligence (@SantimentData)🗣️ According to social data, these are the topics driving crypto markets Thursday:👀 Digital Asset CLARITY Act: Reporters and crypto accounts exploded after the Senate Banking Committee advanced the Digital Asset Market CLARITY Act 15–9.🇺🇸 Warsh Confirmation: Reporters and traders are abuzz after the U.S. Senate confirmed Kevin Warsh as Federal Reserve Chair in a 54–45 vote.🤑 USDC Consolidation: Coinbase will become Hyperliquid’s official USDC treasury deployer and h ...

Inflation just pushed higher.Investors are winning, but the average American is feeling the pain.The big question is where do we go from here? https://t.co/TJwFQH5PiB ...

The Bank of England should raise interest rates to fight off strong inflation spillovers from the Iran energy shock, according to its chief economist who set out his case for active policy in an unpredictable world https://t.co/biHRTnrDIv ...